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http://ericpetersautos.com/2014/05/26/another-measure-inflation/
This epic fraud is all the more brilliant for being oleaginous. People don’t realize they’ve been fleeced. After all, they have the same (numerically) dollars in their wallet or their savings account. These dollars just seem to purchase less and less each year. People sigh. They accept this as a normal, natural part of life. But it is neither normal nor natural.
“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.”
– Henry Ford
This epic fraud is all the more brilliant for being oleaginous. People don’t realize they’ve been fleeced. After all, they have the same (numerically) dollars in their wallet or their savings account. These dollars just seem to purchase less and less each year. People sigh. They accept this as a normal, natural part of life. But it is neither normal nor natural.
“It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning.”
– Henry Ford